·
| Price | ▼ 7.91% | ▲ 8.26% | ▲ 27.29% | ▼ 10.04% |
| Energy | ▼ 11.5 | ▼ 3.4 | ▲ 13.7 | ▼ 9.6 |
Trend of Bull Extreme NEARUSD Weekly
▸When NEARUSD is in Bull Extreme:
- then NEARUSD moved to higher Market State: 0 times — 0%
- then NEARUSD moved to lower Market State: 12 times — 100%
▸Current NEARUSD market energy: 81.36%
- Distance to peak 100%: 18.64%
- Distance to lower bound of Bull Extreme (at 74.5%): 6.86%
"Past — present — future. The past and present are known. The future is yours" — 2AITRADING
Measurement result after the Weekly candle closes, NEARUSD shows the extreme Bull energy state.
Per the 2AiTrading energy measurement system, A -9.6% change from the previous candle, Market Energy is now 81.4% (previous: 90.9%).
Time in Bull Extreme energy zone: 8 Weekly Candle
Traders using any methodology can reference Market Energy on 2AiTrading to consider adjustments to their strategy — including stoploss, takeprofit, or position sizing — depending on the situation.
Not enough data in the past 5 days to show a range.
Concepts referenced in this analysis. Tap to explore each in the Knowledge Hub.
What did NEARUSD price and energy show when this Weekly candle closed?
When the Weekly candle at 07:00 on 11-12-2023 closed, NEARUSD was at 2.266, down 10.04% from the previous candle (2.519). Market Energy was 81.4%, down 9.6 points from 90.9%, in the Bull Extreme state — controlled by buyers. The Bull Extreme zone spans 74.5% to 100%.
How much did NEARUSD price move on this Weekly candle, and how large is that historically?
NEARUSD closed at 2.266, down 10.04% from the previous Weekly candle (2.519). This drop is larger than 57% of past drops on the Weekly timeframe for NEARUSD, across 164 candles since 2019.
How did NEARUSD Market Energy change from the previous candle?
Market Energy fell 9.6 percentage points from the previous candle — from 90.9% to 81.4%. This drop is larger than 53% of past drops on the Weekly timeframe for NEARUSD.
Do NEARUSD price and energy agree?
Yes. This candle recorded price moving down in the same direction as energy. This describes a closed candle, not a forecast of where price goes next.
What state was NEARUSD in on the previous Weekly candle?
The previous Weekly candle had NEARUSD at 90.9%, Bull Extreme — this candle kept the same state, no zone change.
Where does NEARUSD energy sit within the Bull Extreme zone?
At 81.4%, NEARUSD is 18.64 points from the upper boundary of Bull Extreme (100%) and 6.86 points from the lower boundary (74.5%) — so energy sits closer to the lower boundary at candle close.
What does Bull Extreme mean?
Bull Extreme is one of 7 Market States in 2AiTrading's Market Energy model, applied consistently across every asset class, market and timeframe.
See the full Bull Extreme definition →How are the broader market indices trending?
Based on each index's latest completed H1 candle as of this candle close: SPX500 (US equities) in Bull Critical with energy 67.4%; GER40 (European equities) in Bull Bias with energy 51.3%. Against this backdrop, NEARUSD (Bull Extreme, 81.4%) has higher energy than SPX500, GER40.
How is the US Dollar Index (DXY) trending?
Based on the latest completed H1 candle as of this candle close, the US Dollar Index (DXY) was in Bull Bias with Market Energy 33.3%. NEARUSD (Bull Extreme) and DXY currently sit on the same Bull side.
See the real-time energy chart for NEARUSD.
Open Energy ChartSee the full 2AiTrading Model data for NEARUSD on the NEARUSD overview →
To jump to a symbol you're interested in, click .